How many millionaires are in Ohio?

How many millionaires are in Ohio?


Rank State Number of millionaire households
7 New Jersey 323,443
8 Virginia 272,103
9 Ohio 261,157
10 Massachusetts 254,201

What percentage of US population has 2 million dollars?

About 8,046,080 US households earn $2 million or more, covering about 6.25% of American households. 5,671,005 US households earn over $3 million or more, covering about 4.41% of all US households.

Who is the richest family in Ohio?

The top spot in Ohio goes to Lex Wexner, 83, a resident of New Albany and the founder of L Brands, which includes retail stores such as Victoria’s Secret and Bath & Body Works. Wexner and his family are worth an estimated $6.1 billion, which puts him at No. 440 on the list overall.

What is the wealthiest city in Ohio?

Detailed List Of The Richest Cities In Ohio

Rank City RichScore
1 Independence 8.67
2 Montgomery 10.0
3 Powell 11.33
4 Pepper Pike 15.67

Is a net worth of 2 million rich?

Most Americans say that to be considered “wealthy” in the U.S. in 2021, you need to have a net worth of nearly $2 million — $1.9 million to be exact. That’s less than the net worth of $2.6 million Americans cited as the threshold to be considered wealthy in 2020, according to Schwab’s 2021 Modern Wealth Survey.

At what point are you considered a millionaire?

Note well that to be considered a millionaire by the standards of wealth research, a household must have investable assets of $1 million or more, excluding the value of real estate, employer-sponsored retirement plans and business partnerships, among other select assets.

What is the poorest town in Ohio?

The poorest town in the state, Knox has a median annual household income of $33,709, about $18,500 less than the median income across the state as a whole.

What’s the richest city in Ohio?

Detailed List Of The Richest Cities In Ohio

Rank City Median Income
1 Independence $106,413
2 Montgomery $131,111
3 Powell $157,149
4 Pepper Pike $190,682

What is the poorest city in Ohio?

Data released by the U.S. Census Bureau shows poverty is high in Ohio, listing Cleveland as the poorest big city in the country with Cincinnati not far behind.

What is the safest place in Ohio?

Here are the 20 safest locations in Ohio:

  • Chester Township (Geauga County)
  • Olmsted Township (Cuyahoga County)
  • Sagamore Hills (Summit County)
  • Clearcreek Township (Warren County)
  • Springboro (Warren County)
  • North Ridgeville (Lorain County)
  • Poland Township (Mahoning County)
  • Hamilton Township (Warren County)

Can I retire with a net worth of 2 million?

Yes, for some people, $2 million should be more than enough to retire. Even with a free cheat sheet, making your $2 million portfolio last through retirement is hard. But, the significance of making sure $2 million is enough to retire becomes even more important at age 60.

What is the median household income in Ohio?

People Population Income & Poverty Median household income (in 2019 dollars $56,602 Per capita income in past 12 months (in $31,552 Persons in poverty, percent   13.1%

How many people live in the state of Ohio?

People Population Persons under 5 years, percent   5.9% Persons under 18 years, percent   22.1% Persons 65 years and over, percent   17.5% Female persons, percent   51.0%

How many people have a net worth of$ 5 million?

There are ~15 million millionaire households in the US. About half of these folks are multi-millionaires ($2 million+). About 3 million are worth $5 million or more (~2% of the US). About half of these folks are worth over $10 million (~1% of the US population). ~85,000 households in the US are worth $50 million or more.

What is the net worth of a household in the United States?

What was the United States median household net worth? In 2020, median household net worth in the United States was $121,411. How many US households had $1,000,000 or more in 2020? In 2020, roughly 15,298,070 households – about 11.8% of American households – was a millionaire household.

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